January

The KOF Economic Barometer moved only very little in January. It increased slightly again after an even smaller decline in the previous month. This means that the barometer value has hardly changed since November. Presently, the economic outlook is above average, although the omicron wave could still have a negative impact.

After declining throughout most of the second semester of 2021, the Global Economic Barometers rise in January for the second consecutive month. The Coincident Barometer remains above the historical mean, while the Leading Barometer returns to the neutral range of 100 points.